SEC Form 4 · accession 0001144204-17-029856
WALKER INNOVATION INC. · WLKR
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Period of report
May 25, 2017
Accepted (ET)
May 26, 2017 · 4:09 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001294649
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | May 25, 2017 | D | 341,204 | $0.3663 | D | 2,017,296 | D | |
| Common Stock | May 25, 2017 | D | 341,204 | $0.3663 | D | 2,017,296 | I | JSW Investments, LLC |
| Common Stock | May 25, 2017 | D | 341,204 | $0.3663 | D | 2,017,296 | I | Jay S. Walker |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Series B Convertible Preferred StockF1 | $0.00 | holding | — | — | — | — | — | Common Stock | 14,999,000 | 14,999,000 | D |
| Series B Convertible Preferred StockF1 | $0.00 | holding | — | — | — | — | — | Common Stock | 14,999,000 | 14,999,000 | I |
| Series B Convertible Preferred StockF1 | $0.00 | holding | — | — | — | — | — | Common Stock | 14,999,000 | 14,999,000 | I |
Explanation of responses
- F1Each share of Series B Convertible Preferred Stock is convertible, at the option of the reporting person, at any time and from time to time, into one (1) share of Issuer's common stock.